Senior Accountant, Revenue and Grants

New World Symphony; Miami Beach (FL); On-site; USD 70,000 - 95,000; Full time

Job summary

The New World Symphony is seeking a Senior Accountant, Revenue and Grants to strengthen financial operations through grant accounting, revenue recognition, compliance monitoring, and reporting. This role collaborates on-site with teams to ensure grant requirements are met and financial reporting aligns with audits.

Responsibilities include processing grant budgets, revenue recognition for contributions and ticket sales, and preparing schedules for audits and statements.

Qualifications

• Experience with grant accounting and reporting requirements.
• Proficiency in revenue recognition for donations, ticket sales, and grants.
• Experience close to month-end reporting and financial statements.
• Familiarity with compliance and audit processes.

Responsibilities

• Develop, maintain and improve grant accounting processes and reporting systems.
• Process and record revenue transactions from contributions, ticket sales and other sources.
• Prepare month-end and year-end reconciliations and financial statements.
• Support audit schedules and respond to auditor requests.
• Coordinate stipend payments and related accounting activities.
• Maintain records for audits and compliance reviews.
• Manage residential housing revenue invoicing and tenant ledgers.

Skills

Grant accounting

Revenue recognition

Financial reporting

Audit support

Tools

Tessitura

Job description

Company Description

The New World Symphony (NWS) is where the future of orchestral music is envisioned, cultivated and shared. Under the direction of Artistic Director Stéphane Denève, its unique fellowship program trains music school graduates for leadership roles in the field of classical music. Artistic excellence, connection to audiences, engaging communities and entrepreneurial activities are pillars of the experiential curriculum.

Company Description

The New World Symphony (NWS) is where the future of orchestral music is envisioned, cultivated and shared. Under the direction of Artistic Director Stéphane Denève, its unique fellowship program trains music school graduates for leadership roles in the field of classical music. Artistic excellence, connection to audiences, engaging communities and entrepreneurial activities are pillars of the experiential curriculum.

Job Description

POSITION SUMMARY:

The Senior Accountant, Revenue and Grants supports the New World Symphony (NWS) financial operations through grant accounting, revenue recognition, compliance monitoring, and financial reporting. This role is responsible for ensuring accurate accounting and reporting of grant activity, contributions, ticket sales, and other revenue sources. As a key member of the Finance team, this role requires regular on-site collaboration with colleagues across the organization to ensure compliance with grant requirements and support the organization’s financial reporting and audit processes.

Duties And Responsibilities

• Grant Accounting and Compliance
  • Develop, maintain, and continuously improve grant accounting processes and reporting systems to ensure accurate tracking, compliance, and financial reporting of grant activity
  • Review grant requirements and formulate budgets for grant proposals, interims, and final reports
  • Identify and monitor eligible transactions for each grant award and ensure accurate recording and allocation within the general ledger
  • Partner with departments across the organization to identify, track, and allocate grant-eligible expenses in accordance with grant award requirements and proposal guidelines
  • Monitor compliance with donor and funding agency requirements and collaborate with the Development department to address and resolve any compliance concerns
• Revenue Accounting
  • Process and record cash receipts and revenue transactions
  • Reconcile contributions, ticket sales, and related receivable accounts to ensure accurate revenue recognition and financial reporting
  • Prepare and reconcile concession and catering revenue recognition schedules, review supporting statements and invoices, and ensure accurate recording of related revenue, taxes, and receivables
  • Reconcile Tessitura activity and reports to the general ledger
  • Ensure revenue is recognized in accordance with organizational policies and accounting standards
  • Maintain supporting schedules for contributions, grants, ticket sales, and other earned revenue sources
  • Prepare revenue-related journal entries and account reconciliations
• Financial Reporting and Analysis
  • Prepare month-end and year-end account reconciliations, internal financial statements and supporting schedules
  • Analyze revenue activity and investigate variance as needed
  • Prepare revenue forecasts and monitor revenue actual vs. budget variances on an ongoing basis
  • Provide financial reports and information to departments as requested
• Stipend Administration
  • Process Fellow stipend payments and perform all related accounting and administrative functions
  • Reconcile stipend-related activity and ensure accurate accounting treatment
  • Coordinate with internal departments regarding stipend administration and reporting
• Audit and Compliance Support
  • Assist with preparation of audit schedules and supporting documentation
  • Respond to auditor requests and provide information as required
  • Assist with preparation of schedules supporting the annual financial statement audit and tax return
  • Maintain organized records to support audits and compliance reviews
• Residential Housing Revenue (Alton Pointe)
  • Generate recurring invoices and maintain tenant records
  • Review lease agreements and tenant ledgers for accuracy
  • Record rent payments, deposits, and late fees